It can accommodate vessels up to 35,000 deadweight tonnage
(dwt) and annually handles around 1.7 million tonnes of cargo.
The Gwadar Port currently has 11.5 meters depth, however; it would be more deepen uptill 14 meters and will enable docking of larger ships with a deadweight tonnage
of up to 70,000.
The NITC currently has around 70 tankers that have given it a total shipment capacity of about 15.5 million deadweight tonnage
According to Clarkson Research, a leading provider of data and market intelligence for the global shipping and offshore oil and gas industries, tanker fleet capacity took two decades to double to its current size of 540 million deadweight tonnage
(dwt), witnessing average volume growth of 2.2 per cent per annum, in combined crude and products trade.
Very large crude carriers (VLCCs) transitting the canal from the Arabian Gulf after discharging at the SUMED oil pipeline will be charged $155,000 if they are carrying more than 250,000 in deadweight tonnage
The company owns a fleet comprised of six double hull product tankers, which had a weighted average age of 4.3 years as of June 30, 2015, based on deadweight tonnage
, that are employed under a mix of short- and medium-term time charters and spot charters.
All the tankers in the BMZ fleet are 140 meters long and 16 meters wide, and have a 7,100 deadweight tonnage
Between the start of 2005 and the start of 2014, the EU-controlled fleet expanded by more than 74 per cent in tonnage, and by 72 per cent in terms of deadweight tonnage
, the study says.
IHS Maritime's data shows that 966 dry-bulk carriers, ranging in size from 20,000 deadweight tonnage
onwards, would be delivered this year as ship owners rushed to order new vessels in 2013 when the BDI rallied in the last two quarters of that year.
The Al-Yarmouk was built at the Daewoo Shipbuilding and Marine Engineering shipyard in South Korea, and has a capacity of 2.2mn barrels of oil, with a deadweight tonnage
Some progress has been made on that front, as Zamil Offshore itself already has plans for a joint venture project to build a large shipyard on the Red Sea coast to repair VLCC tankers up to suezmax size and shipbuilding capabilities up to 20,000 deadweight tonnage